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20121129
20121207
STATION
KQED (PBS) 10
KQEH (PBS) 6
KRCB (PBS) 6
WETA 1
WMPT (PBS) 1
LANGUAGE
English 24
Search Results 0 to 23 of about 24 (some duplicates have been removed)
PBS
Nov 28, 2012 4:30pm PST
businesses. >> going over the fiscal cliff will hurt our economy and hurt job creation in our country. this is not good for our country. it's as simple as that, and the president understands it. >> reporter: corporate leaders were also making the rounds. a group from the simpson/bowles backed organization "fix the debt" stopped in for talks on capitol hill. and later, c.e.o.s from yahoo, archers daniel midlands, caterpillar and other companies headed to the white house for a meeting with the president. >> i'd like to hear the president's views about where the country is headed and support him any way we can. >> reporter: treasury secretary timothy geithner will meet with congressional leaders tomorrow, so there is hope serious face- to-face negotiations will soon be under way. darren gersh, "n.b.r.," washington. >> susie: one of the c.e.o.s meeting with lawmakers today joins us. he is david cote, c.e.o. of honeywell. david, thank you so much for joining us. we really appreciate it. did you get the sense from house speaker boehner, he is ready to make a deal? >> i would say there is a
PBS
Nov 29, 2012 4:30pm PST
this there fiscal cliff negotiations that there would be a package for jobs or helping the economy over the next couple of years in the near term? >> well, one would hope so my own belief is there should be significant investment in roads, bridges, airports, schools, other infrastructure for this country because we not only have a fiscal deficit we also have an infrastructure deficit. that would give two advantages. one, it would employ people in this country at a time when unemployment is too high. and numb two it uld improve the competive position of the country so, that's a to-for. >> susie: senator conrad, thank you for coming to the program. we appreciate it. >> thank you, always good to be with you. >> reporter: i'm erika miller in new york. still ahead, we'll look at why silver has been one of the best performing asset classes this year. >> tom: the u.s. economy was hotter than first thought this summer. in the newest data on the gross domestic product, the economy grew in the third quarter at its fastest pace of the year. e revis report said the economy grew at a 2.7% clip. that's well a
PBS
Dec 5, 2012 4:30pm PST
republicans are holding the global economy hostage over the fiscal cliff. >> susie: and apple shares get of the most widely owned stocks sees heavy trading. >> tom: that and more tonight on "n.b.r." >> susie: big job cuts today at one of the nation's biggest banks. citigroup announced it's slashing 4% of its staff; that works out to 11,000 jobs worldwide. the cuts will save the bank more than $1 billion a year in expenses. but they won't be cheap, resulting in a billion-dollar charge against fourth-quarter earnings. is this gloomy news from citi the beginning of other companies doing the same? suzanne pratt reports. >> reporter: 11,000 jobs are a lot of layoffs, even for a bank as huge as citi. and there could be more. that's because the monster firm is still struggling to recover from the great recession even though it has fired a lot of other workers in the last few years. the thing is, citi has a new c.e.o. in michael corbat, and experts say he's anxious to make his mark, even if that includes cutting staff. and the need to slim down is not ique to citi; it's indtry- wide. a financial
PBS
Dec 4, 2012 4:30pm PST
the country, i think this whole issue around taxes and around the fiscal cliff generally leads to something else, which is significant uncertainty. and whether it is delaware or whether it is any other state, one of the things that is most important to us is having business leaders have some kind of certainty about what the ground rules are going to be. not just for the next three months, by the way. but really for the next several years. they're more likely to invest, more likely to hire their next employee if they know what the game looks like. what the landscape looks like. and so as much as anything else, we think having that certainty, having that clarity on taxes and spending, is really important. >> susie: you said you are also very concerned about where growth is going to come from. did you discuss that with the president, won did he say, aside from tax increases and spending cuts? >> one of the things we specifically talked about was infrastructure. it didn't used to be that roads and bridges were democrat or republican. we need to continue to invest in our infrastructure, a strong
PBS
Dec 5, 2012 7:00pm PST
now. >> susie: your whole forecast is depending on an agreement on fiscal cliff. if we go over the cliff, what happens to your forecast. what will you be saying at the start of the year about the outlook for the economy and jobs. >> a lot of people are focused on the january 1st deadline. we don't think if we don't have an agreement by january 1st that everything falls apart. what we're watching very closely is if there is still negotiating taking place. if we still see both sides talk, i don't think the january 1st deadline is going to mean that much. we would only worry about the worst-case scenario with the economy contracting if there is a real stalemate and both parties walk away from the talks. we don't expect that. we're beginning to see some signs there is some willingness to compromise on both parties. >> susie: as we said from the start, you're pretty positive on the outlook. gary thayer of wells fargo advisor. >> susie: los angeles and long beach port workers were back at work today, ending a costly eight-day strike. the ports were crippled after clerical workers wen
PBS
Dec 4, 2012 1:00am PST
. >> susie: you know, bond the-- beyond the fiscal cliff and i know that say big issue hanging over the markets but there are also fundamentals going on as well. ot mixed reports on the economy. tom just talked about that weak data showing businesses contracting. and we're also getting warnings on weak corporate profits. so doesn't this give you pause about buying in this market right now? >> i think, i just got back from two weeks in europe speaking to portfolio managers in seven different countries. they are profoundly underinvestmented in the u.s. the endowment funds in this country are profoundly underinvested in u.s. equities. a lot of portfolio managers are hoping equities go down as measured by the s&p so their underperformance doesn't look as bad. if the market doesn't go down here i think they will be forced to chase not end of the year. >> susie: uh-huh. beyond stocks, give us your thoughts on bonds, on gold, and other commodities. >> i think gold is in a secular bull market. i think it's just been consolidating the big run it has had and will eventually go higher. bons i
PBS
Nov 30, 2012 4:30pm PST
to avoid the fiscal cliff before the end of the year or not, our friday market monitor thinks the economy and the stock market will climb higher next year. hank smith is the chief investment officer of haverford trust, managing $6.5 billion. so, hank, for investors now, will it pay to wait and see? in other words, should they not buy anything now hoping that there's some kind of conclusion before the end of the year? >> well, tom, if they're already invested, stay invested. this is too trick tow try to trade around. but if you do have cash and we have a sell-off because congress fails to bridge this fiscal cliff, we think it will be an extraordinarily good buying opportunity and you should be able to take advantage of that. >> tom: when we saw the first tarp legislation fail in the house, the s & p 500 lost more than 8% in a single day. could we see tha kind violent reaction? >> oh, absolutely. and, you know, it will be the market's way of saying to congress, "ladies and gentlemen, you made a mistake. let's get back into session and have another vote on this." because the full effects of
Search Results 0 to 23 of about 24 (some duplicates have been removed)